DIA CEO will look to philanthropists to close gap between project costs, profit

Started by thelakelander, August 19, 2013, 05:54:10 PM

fieldafm

I'm not following you John, and I mean that sincerely.

In the absence of any DIA staff, who negotiates on behalf of DIA?  What business person is going to go to a once a month public hearing to negotiate directly with the DIA board?  In order to be effective, the DIA needs staff.  Plain and simple.

As best I can tell, the on-street/off-street parking lost about $60k in FY2011/2012 (which begs the question, why are taxpayers losing money to make it hard for people to park and do business downtown?).  When you factor in the 5 City-owned parking garages plus the motor vehical inspection stations, then Public Parking overall made about $490k in that same time period.  That appears to be seperate from the millions in subsidies the City is paying for the sports district and Courthouse garages (however admittidly I don't know how much the Courhouse garage is being subsidized now that they finally have parking revenue and commercial rental revenue). 

What hand out recipients are you referring to?  The City owned garages, to my understanding, don't have nearly as much flexibility in their pricing structure as the private garages... I may be mistaken, but I really don't think COJ garages can give away much free long term parking.

Cheshire Cat

Quotefieldfm:
As best I can tell, the on-street/off-street parking lost about $60k in FY2011/2012 (which begs the question, why are taxpayers losing money to make it hard for people to park and do business downtown?)

This sure caught my attention Mike.  Can I ask where to get the original documents on these figures?  Losing money to lose business downtown?  Makes no sense.
Diane Melendez
We're all mad here!

fieldafm


Cheshire Cat

Diane Melendez
We're all mad here!

CityLife

Another poster put this information in a different Wallace thread, but I think this one is more relevant to this recent article.

http://www.detroitnews.com/article/20140529/METRO01/305290038

QuoteDetroit — City officials spent as much as $537,000 per home renovating 30 houses under a federal program to fight blight only to sell most for less than $100,000 apiece, a Detroit News investigation has found.

QuoteIn total, the land bank spent nearly $8.7 million from the U.S. Department of Housing and Urban Development on 30 homes. That's an average of $290,000 per home, and the 13 most expensive homes cost $300,000 to $537,000 apiece. The return on the investment from sales so far: $2 million.

QuoteThe money was spent under a former director, Aundra Wallace, who left last summer for an economic development job in Florida. He didn't return phone calls for comment. His successor, along with Mayor Mike Duggan, have distanced themselves from the program and instead are auctioning homes to buyers who will make repairs themselves.
"We are now moving in a different direction," said Richard Wiener, the land bank executive director who took over Jan. 27.


Noone

Quote from: fieldafm on August 23, 2013, 09:17:36 AM
I'm not following you John, and I mean that sincerely.

In the absence of any DIA staff, who negotiates on behalf of DIA?  What business person is going to go to a once a month public hearing to negotiate directly with the DIA board?  In order to be effective, the DIA needs staff.  Plain and simple.

As best I can tell, the on-street/off-street parking lost about $60k in FY2011/2012 (which begs the question, why are taxpayers losing money to make it hard for people to park and do business downtown?).  When you factor in the 5 City-owned parking garages plus the motor vehical inspection stations, then Public Parking overall made about $490k in that same time period.  That appears to be seperate from the millions in subsidies the City is paying for the sports district and Courthouse garages (however admittidly I don't know how much the Courhouse garage is being subsidized now that they finally have parking revenue and commercial rental revenue). 

What hand out recipients are you referring to?  The City owned garages, to my understanding, don't have nearly as much flexibility in their pricing structure as the private garages... I may be mistaken, but I really don't think COJ garages can give away much free long term parking.

Parking was brought up briefly at a recent noticed DIA meeting. Remember that there are never any handouts for the Public at the full board meetings that I can attest to. Jack Shad would be the person if he is still in charge of parking. The comment was made that OED still getting the parking revenue and it was just mentioned that we (DIA) will need to address that. Terry Lorrince was there and may be able to add an observation or two. Hope she does.

The meeting was about the DIA and it's budget and they are going to be adding staff.

tufsu1


Noone

So between that. COJ garages. Surface parking lots. New Rules. Fines. Compliance. What is the Revenue? DIA minds want to know.

Noone

Quote from: CityLife on June 30, 2014, 11:21:23 AM
Another poster put this information in a different Wallace thread, but I think this one is more relevant to this recent article.

http://www.detroitnews.com/article/20140529/METRO01/305290038

QuoteDetroit — City officials spent as much as $537,000 per home renovating 30 houses under a federal program to fight blight only to sell most for less than $100,000 apiece, a Detroit News investigation has found.

QuoteIn total, the land bank spent nearly $8.7 million from the U.S. Department of Housing and Urban Development on 30 homes. That's an average of $290,000 per home, and the 13 most expensive homes cost $300,000 to $537,000 apiece. The return on the investment from sales so far: $2 million.

QuoteThe money was spent under a former director, Aundra Wallace, who left last summer for an economic development job in Florida. He didn't return phone calls for comment. His successor, along with Mayor Mike Duggan, have distanced themselves from the program and instead are auctioning homes to buyers who will make repairs themselves.
"We are now moving in a different direction," said Richard Wiener, the land bank executive director who took over Jan. 27.

The CRA/DIA meeting for today at 3pm has been cancelled. Let's hope that the new Jacksonville city council World Cup leadership will resolve 2014-305 new docking Rules and Penalties before the CRA/DIA is finalized and sent to the full Jacksonville city council for approval.

Visit Jacksonville!

sheclown

Seems a better idea to give houses to people and let them do the renovations themselves.

Noone

Quote from: fieldafm on August 23, 2013, 09:17:36 AM


What hand out recipients are you referring to?  The City owned garages, to my understanding, don't have nearly as much flexibility in their pricing structure as the private garages... I may be mistaken, but I really don't think COJ garages can give away much free long term parking.

Didn't this just happen? A give away of of free long term parking.  200 free (taxpayer subsidized) 5 year Yates parking garage spots.